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Nigeria's Deepwater Assets Acquisition

Sector: Oil and Gas • Location: Nigeria

Source: The Africa Report

Project
Planned

TotalEnergies and Chevron are showing interest in acquiring deepwater assets in Nigeria following Shell's recent $5 billion deal. This move indicates a competitive landscape for Nigeria's offshore oil resources as major players seek to expand their portfolios in the region.

Status
Prospective
Sector
Oil and Gas
Location
Nigeria
Updated
22 Jul 2026
Source
The Africa Report

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Project Information

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The project “Nigeria's Deepwater Assets Acquisition” is an infrastructure initiative in the Oil and Gas sector, located in Nigeria. Taiyo aggregates data on it from The Africa Report.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

TotalEnergies and Chevron are showing interest in acquiring deepwater assets in Nigeria following Shell's recent $5 billion deal. This move indicates a competitive landscape for Nigeria's offshore oil resources as major players seek to expand their portfolios in the region.

Original sector

Energy

Budget

Location

Country

Nigeria

Source

Source

The Africa Report

URL

More Details

Record type

Project

Sector

Oil and Gas

Article published date

2025-02-28

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